American Battery Tech Co (ABAT)

[Whenpigsflly]

I wouldn't worry about the "complainers" per se but those who have been skeptical of the stock haven't had an issue with some of the new hires. The problem has been more the capital structure vs. what it appears the company is trying to accomplish in forward vision The bottom line: these new hires are being paid for with converts until we hear otherwise. We know the $20M hasn't arrived yet and we know that guys like Ryan have been employed well before the latest waves of toxic converts. So investors here are playing a game of Russian roulette. If the $20M doesn't arrive there will be another round of massively dilutive converts. To assume that this isn't something the company is willing to consider going forward would be complete ignorance to how the company has historically financed their business plan. The upside is clearly if the company can finally deliver on the elusive financing and break away from the KPAY/MFST cloud. That's a pretty big assumption as once a company gets a taste of the "easy money" of toxic converts, they are that much more likely to return to that well. Time will tell.